Announcement should be out any day you would think, Wallace Lake...

Announcement should be out any day you would think, Wallace Lake Field looks to be very productive area.

Good to see Pym actively drilling at the moment, lets hope with hopefully positive news in coming months the share price can move Northwards as well.

Seems far too cheap below 10 cents.

The chart shows very low volume from about Oct last year, it wont take much to push it up again.

Top 20 owning nearly 60% of the shares.

Cheers to the long term holders.

Ubid.






Drilling of the fourth scheduled well in the Four Rivers Project, the Smith No.1 in the Wallace Lake Prospect has commenced. The well will be drilled to a target depth of 4,600 feet. Drilling and logging are expected to be completed early next week.
The Smith No.1 well is targeting the Tew Lake Sand interval which is an oil producing horizon in the Middle Wilcox Trend. The Wallace Lake Field has produced over 5 million barrels of oil to date with the Tew Lake sand being the major contributor.
“The Smith No.1 is the first of three wells in the second round of Four Rivers Project drilling,” said Justin Pettett, Pryme’s Managing Director. “We are pleased with the drilling pace set by the operator and are on track to meet this year’s drilling target for the project. Success in the Four Rivers Projects adds to revenue and builds our reserve base.”